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Latest Results from /wholesale

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Fed terminates Silvergate Bank enforcement action

The Federal Reserve Board on Friday announced the termination of an enforcement action with Silvergate Bank and its holding company, Silvergate Capital Corporation, both of La Jolla, California.

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FCA sets out plan to strengthen UK capital markets

The FCA has set out a package of measures designed to help strengthen the UK’s capital markets and position as a global and vibrant financial centre.

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BofA CashPro app surpasses $500bn in payment approvals

Bank of America has seen the adoption and use of its CashPro App for corporate payment approvals accelerate significantly over the last couple of years.

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Archera secures $17 million Series B

Archera, a leading provider of cloud purchasing and management solutions, announced today closing a $17 million Series B round accompanied by access to over $100 million in reinsurance capacity.

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CreditNature and ValueNature forge partnership

CreditNature, the leading green fintech solution, and ValueNature, a pioneer in nature-based credits, are excited to announce a strategic partnership aimed at integrating their innovative frameworks and methodologies.

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Sage integrates with Stripe to improve cash flow management for SMEs

Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs), today announced an expansion of its partnership with Stripe, a financial infrastructure platform for businesses, to help improve cashflow management and payment processing for SMBs.

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Stablecoin adoption could release $11.6 billion of locked business capital -CEBR

BVNK, the B2B payments provider and Cebr, the Centre for Economics and Business Research, have published new analysis on the economic impact of stablecoins, on the 10th anniversary of the first stablecoin launching.

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Adesso launches GenAI tool to support financial services firms with Dora compliance of contracts

adesso, a leading global IT services provider, is rolling out a new generative AI tool to help financial services firms review contracts in adherence with the European Union's Digital Operational Resilience Act (DORA) directive.

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Corlytics appoints new CTO, chief data officer and chief tech architect

Corlytics, the global leader in regulatory intelligence and policy compliance technology, is announcing three senior appointments to drive its precision AI and scaling of its global multidisciplined technology teams, following a period of intensive growth and successful integration of its acquisitions.

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Temenos makes two leadership appointments in the US

Temenos, the banking software company, today announced two key executive appointments to accelerate business growth and capture the market opportunity in SaaS and in the US.

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Fortis acquires MerchantE’s NetSuite division

Payments technology leader for software providers, ERP customers, and scaling businesses, Fortis acquires MerchantE’s NetSuite payments division, marking a significant milestone in the evolution of embedded payment solutions.

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US Faster Payments Council appoints Carl Slabicki chairperson

The US Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, is pleased to announce that Carl Slabicki, Executive Platform Owner of Treasury Services at BNY, has been named the new Chairperson of the FPC Board of Directors.